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July 6, 2017

Volvo cutting the gas; all in on e-cars, hybrids

  • Other automakers are likely to follow Volvo's announcement in a few years, with luxury automakers leading the way.
    • By MATTI HUUHTANEN
    Associated Press

    HELSINKI — Volvo plans to build only electric and hybrid vehicles starting in 2019, making it the first major automaker to abandon cars and SUVs powered solely by the internal combustion engine.

    CEO Hakan Samuelsson said the move was dictated by customer demand. It means that in two years, all new Volvo vehicles will have some form of electric propulsion.


     
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